Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Inflation is an impediment to Bulgaria's euro zone aspirations

Photo: EPA/BGNES

There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading to labour prices, Hristov said.


National Statistical Institute President Sergey Tsvetarski warned that Bulgaria does not meet the price stability convergence criterion for joining the Euro zone, under which the candidate's inflation rate cannot be higher than 1.5% above the rate of the three best-performing member states.

If we fail to conta‌in this inflation shock that our economy is suffering, it will be critical for Bulgaria's eurozone accession, said Lyubomir Karimanski, chairman of the parliamentary committee on budget and finance.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Delyan Peevski

''DPS – New Beginning'' urges that local taxes remain unchanged in 2026

“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..

published on 11/25/25 10:02 AM

Bulgaria rises in global digital quality of life ranking

Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..

published on 11/25/25 9:45 AM
Todor Chobanov

Bulgaria expects the return of over 2,700 antiques from abroad

Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”.   “This is an unprecedented operation in..

published on 11/25/25 9:22 AM